New York · Home Values · 2024
New York home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in New York is $423,800. Across the 62 counties measured, home values range from $101,700 in Allegany, NY to $1,090,500 in New York, NY.
New York median home value, 2024
Most expensive counties in New York
| County | Median home value |
|---|---|
| New York, NY | $1,090,500 |
| Kings, NY | $905,000 |
| Queens, NY | $723,800 |
| Nassau, NY | $684,700 |
| Richmond, NY | $675,500 |
Most affordable counties in New York
| County | Median home value |
|---|---|
| Allegany, NY | $101,700 |
| Cattaraugus, NY | $113,100 |
| St. Lawrence, NY | $121,900 |
| Chautauqua, NY | $127,900 |
| Steuben, NY | $137,900 |
Average vs median home price — what's the difference?
The figure $423,800 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in New York is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For New York specifically, the Census also reports a median monthly rent of $1,621 and a price-to-income ratio of 4.9×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore New York on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open New York on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare New York side-by-side with the national rankings: